Employment Rose by 151,000, Unemployment Steady at 4.1%
Washington, DC, March 7, 2025-Total nonfarm payroll employment rose by 151,000 in February, and the unemployment rate changed little at 4.1%, the U.S. Bureau of Labor Statistics reported.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Wood Products Declared Critical To National Security
Sterling, VA, May 7, 2025—As a result of a new executive order declaring that wood products are critical to U.S. national security, the Department of Commerce will investigate imports of timber, lumber, and wood products like kitchen cabinets and furniture to determine the effect on national security, reports the Decorative Hardwoods Association.
WIFI Adds Two New Board Members: Blitzstein and Hunsicker
Dalton, GA, March 7, 2025––Women In the Floorcovering Industry (WIFI), a 501(c)(3) educational non-profit dedicated to attracting, educating, and empowering women in the flooring industry, announced the addition of two leaders to its board of directors.
Havwoods Acquires Castle Bespoke Flooring
New York, NY, March 6, 2025—As Havwoods embarks on its milestone 50th anniversary year, the company has announced that Castle Bespoke Flooring, based in Oregon, has officially joined the global Havwoods family.
Trade Deficit Widened by $33.3 Billion in January
Washington, DC, March 6, 2025-- The goods and services deficit was $131.4 billion in January, up $33.3 billion from $98.1 billion in December, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Tarkett Receives A Rating from CDP
Solon, OH, March 6, 2025—Tarkett has been rated A level by CDP. Tarkett has reached the highest level of maturity a company can achieve in the CDP.
Initial Jobless Claims Declined by 21,000 in Week Ending March 1
Washington, DC, March 6, 2025-- In the week ending March 1, the advance figure for seasonally adjusted initial claims was 221,000, a decrease of 21,000 from the previous week's unrevised level of 242,000, according to the Department of Labor.
Container Xchange Weighs in on Tariff Impacts on Supply Chains
Atlanta, GA, May 6, 2025-President Donald Trump imposed a 25% tariff on imports from Canada and Mexico, citing concerns over drug trafficking and border security, reports Container Xchange.
Labor Productivity Rose 1.5% in Q4 2024
Washington, DC, March 6, 2025—Nonfarm business sector labor productivity increased 1.5% in Q4 2024, the U.S. Bureau of Labor Statistics reported, as output increased 2.4% and hours worked increased 0.8%.
United Tile Expands Distribution Territory into California
Livermore, CA and Orange, CA, March 6, 2025-United Tile, a distributor of tile, stone, hardwood and other flooring materials, announces its entrance into the California market.